McLaren
Premium
- 45,416
- Texas
I certainly understand the appeal of it, it's a car I've always liked a lot... but I don't think they're worth 200k, at least not for another 15-20 years. Just as I don't believe the original NSX is worth 120k, or any 930/964 that's not a Turbo or any other special model is worth anything more than 20k. It's a strange bubble we're in right now.
Pricing is a bit high to cover restoration costs, but that is where the market is for the Evolution models. Auto Salon has one listed at $184,000 and another dealer in Germany I believe, is listing at $208,000 that also underwent restoration in 2016 and has lower mileage. In the states, there's an Evo II for $130,000, and an Evo I for $165,000. You have to remember, they're relying on the limited number of these models to build asking prices.The inflated price seems more to do with the restoration than anything I'd imagine. I'm not sure what the car looked like prior to the dealer getting their hands on it. But with the previous owner having it for 18 years, chances are they drove it enough for it to at least have some wear and tear.
If you really did want a well-maintained, clean E30 M3 of any variety, you're looking at $75-$90,000. There's one for $53,000, but that's the lowest I've seen and she's got double the mileage most of these 60-80,000 mileage examples are asking for. Seems to be the current market just to get into them, but a lot of owners are holding on to them, too. There's not a very large selection of them anymore to browse between.